Confident Group Achieves RERA Milestone with Landmark Projects Across Kerala
Many of you, if you were planning to buy a home, could have come across the term RERA. But what is it all about? The Real Estate Regulatory Authority (RERA) was set up to make home-buying safer and more transparent for people. In Kerala, the RERA Act came into effect in 2019. Since then, builders have had to offer RERA-approved projects, share important details, and stick to promised timelines.
At the forefront of this positive shift is Confident Group. From the start, Confident Group has believed in doing things the right way with honesty, fairness, and putting customers first. That’s why today, we’re proud to be one of the builders with the most RERA-approved projects in Kerala. Read on to find out more about our RERA-approved projects and how we make sure the home-buying journey is safe.
Why RERA Registration Matters for Homebuyers
Buying a home or investing in a property is a big decision that anyone might take. The RERA Act makes sure that builders follow fair rules. In Kerala, the RERA Kerala rules have made it much easier for buyers to trust what they’re getting. Let’s look at how RERA helps you when you’re planning to buy a property:
- Better Transparency: With RERA, builders must share clear and correct information. This includes information about their projects, permissions, and timelines.
- On-Time Delivery: RERA keeps builders responsible for finishing projects on time. If they delay, they have to pay compensation. This gives you peace of mind while waiting for your new home.
- Secure Use of Your Money: Builders must keep a part of your money in a special account called an escrow account. This money can only be used for that project, so it reduces delays and keeps your investment safe.
- No More False Ads: Under RERA, builders can’t make promises in ads that they don’t plan to keep. What they say about your home’s size, features, or amenities must be true.
- Quick Help for Complaints: If something goes wrong, you can file a complaint. RERA will help solve the issue fast through a special team that looks into buyer complaints.
- Protection Against Defects: Even after you get your keys, RERA makes sure the builder fixes any structural defects for a certain period at no extra cost.
- Clear Pricing on Carpet Area: You’ll know exactly what you’re paying for. Builders must clearly share the cost of the carpet area.
- Right to Know Everything: From the project’s progress to its costs and timeline, you have the right to get real and accurate details anytime.